Why PayPal Shares Plunged 13% This Week
Shares of leading digital payment platform (NASDAQ: PYPL) sank 13% this week as of 1:30 p.m. ET Friday, according to data provided by S&P Global Market Intelligence.
PayPal reported its fourth-quarter earnings on Tuesday and snuck past analysts' expectations after growing sales and adjusted earnings per share by 4% and 5%.
However, while total payment volume (TPV) rose 7%, the company's once-fast-growing unbranded unit (where it's a payment service provider) only grew 2%, spurring a drop from the market.
Source Fool.com
Paypal Holdings Inc Aktie
51,08 €
-1,54 %
Leichtes Kaufinteresse bei Paypal Holdings Inc, mit mehr Buy- als Sell-Einschätzungen.
Für Paypal Holdings Inc ergibt sich ein leicht positives Potenzial, angesichts eines Kursziels von 55 € im Vergleich zu 51.08 €.
